TWO INTERESTING ARTICLES TO READ.
vViacom to Buy USA?

Viacom, the world's largest media group by capitalisation, has played down its interest in the auction of Vivendi Universal's US entertainment assets amid signs that the French group would prefer a single buyer.

and
FCC Decides TV's Fate

More competition -- what a load. Ostensibly that competition would be between the two corporations that stand to benefit the most from this -- Fox's parent company, News Corp. Inc., and CBS' parent company, Viacom Inc. Both reach about 40 percent of the viewing public as it is.

Now both can go for 5 percent more.

Worth a read if you care about what you're watching